Information Provided By:
Fly News Breaks for May 1, 2017
SYF, COF, DFS
May 1, 2017 | 05:50 EDT
Deutsche Bank analyst David Ho downgraded Discover Financial Services (DFS) and cut his price target for the shares to $71 from $87. The analyst sees "less potent" near-term offsets to weakening credit trends. Ho this morning also upgraded Capital One (COF) to Buy and lowered his price target for Hold-rated Synchrony Financial (SYF) to $35 from $47.